IMMO LOUISE 190: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO LOUISE 190
Largest movements
- Receivables within one year +€144,458
up €144,458 (+274%), from €52,684 to €197,142
- Tangible fixed assets -€116,517
down €116,517 (-18.2%), from €639,736 to €523,219
of which Other tangible fixed assets: -€98,817
- Cash +€15,337
up €15,337 (+12.1%), from €127,064 to €142,402
mainly Depreciation (+€121,505) and Net result for the year (+€82,899)
- Profit (loss) carried forward +€82,899
up €82,899 (+36.6%), from -€226,254 to -€143,355
- Debts after one year -€51,523
down €51,523 (-25.8%), from €199,758 to €148,235
- Gross operating margin +€21,397
up €21,397 (+9.5%), from €224,850 to €246,247
- Other operating charges -€5,497
down €5,497 (-17.9%), from €30,713 to €25,216
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €821,987 | €865,371 | +€43,384 | +5.3% |
| Fixed assets | 21/28 | €640,236 | €523,719 | -€116,517 | -18.2% |
| Tangible fixed assets | 22/27 | €639,736 | €523,219 | -€116,517 | -18.2% |
| Land and buildings | 22 | €441,647 | €423,947 | -€17,700 | -4.0% |
| Other tangible fixed assets | 26 | €198,089 | €99,272 | -€98,817 | -49.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €181,751 | €341,652 | +€159,901 | +88.0% |
| Amounts receivable within one year | 40/41 | €52,684 | €197,142 | +€144,458 | +274% |
| Trade receivables | 40 | €52,684 | €197,142 | +€144,458 | +274% |
| Cash at bank and in hand | 54/58 | €127,064 | €142,402 | +€15,337 | +12.1% |
| Deferred charges and accrued income | 490/1 | €2,003 | €2,109 | +€106 | +5.3% |
| Total equity and liabilities | 10/49 | €821,987 | €865,371 | +€43,384 | +5.3% |
| Equity | 10/15 | -€48,402 | €34,498 | +€82,899 | |
| Contributions | 10/11 | €177,852 | €177,852 | = | 0.0% |
| Capital | 10 | €177,852 | €177,852 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Uncalled capital | 101 | €72,148 | €72,148 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€226,254 | -€143,355 | +€82,899 | +36.6% |
| Amounts payable | 17/49 | €870,388 | €830,873 | -€39,515 | -4.5% |
| Amounts payable after more than one year | 17 | €199,758 | €148,235 | -€51,523 | -25.8% |
| Financial debts | 170/4 | €199,758 | €148,235 | -€51,523 | -25.8% |
| Amounts payable within one year | 42/48 | €668,030 | €677,588 | +€9,558 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €45,564 | €51,523 | +€5,959 | +13.1% |
| Trade debts | 44 | - | €486 | +€486 | |
| Suppliers | 440/4 | - | €486 | +€486 | |
| Other amounts payable | 47/48 | €622,466 | €625,578 | +€3,112 | +0.5% |
| Accrued charges and deferred income | 492/3 | €2,600 | €5,050 | +€2,450 | +94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,017 | €121,505 | +€488 | +0.4% |
| Other operating charges | 640/8 | €30,713 | €25,216 | -€5,497 | -17.9% |
| Gross operating margin | 9900 | €224,850 | €246,247 | +€21,397 | +9.5% |
| Operating profit (loss) | 9901 | €73,121 | €99,526 | +€26,406 | +36.1% |
| Financial charges | 65/66B | €14,755 | €16,627 | +€1,872 | +12.7% |
| Recurring financial charges | 65 | €14,755 | €16,627 | +€1,872 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €58,366 | €82,899 | +€24,533 | +42.0% |
| Profit (loss) for the period | 9904 | €58,366 | €82,899 | +€24,533 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,366 | €82,899 | +€24,533 | +42.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.